Carillion says troubles won’t affect highway maintenance
|By Mark Arike - Staff Writer | January 25, 2018
Although its parent company recently filed for liquidation, Carillion Canada says its operations are safe and will “continue uninterrupted.”
The company is responsible for highway maintenance in the Huntsville district, including highways 35 and 118 in Haliburton County, until its contract expires at the end of August.
“Our employees, subcontractors and suppliers in Canada continue to be paid and we remain committed to delivering safe, quality services for our clients,” reads a statement on the company’s website. “Our Canadian leadership is currently assessing the situation and working with stakeholders to ensure continuity of operations.”
Cody Johnstone, assistant communications manager for Carillion, was unable to elaborate further but promised to provide an update if there are any developments. According to a recent article in The Globe and Mail, Carillion PLC in the U.K. filed for liquidation after it failed “to reach a financial restructuring plan with its lenders.”
The multinational firm amassed a debt of $2.57 billion. It employs 43,000 people in the U.K., Canada and the Middle East. Last fall, the province and Carillion decided to end their 11-year highway maintenance contract five years early. The company came under fire in recent years for the job it had been doing. The province recently awarded a sevenyear contract to Fowler Construction worth $126 million. They will replace Carillion on Sept. 1.
MARK ARIKE is a reporter for The Highlander.